Business

Review

Embedded Value (EV) at ₹ 6,590 Cr.*, operating RoEV 20%
Value of New Business increased to ₹ 499 Cr., grows 29%

Individual Adjusted Premium Equivalent

(  in Cr.)

Robust 25% growth in New Business; sharpest increase in a decade.

Gross Written Premium and Shareholder Profit

Healthy new business growth and improvement in renewal conservation drives strong overall premium growth.

Solvency Surplus of   2,064 Cr and Margin at 309%

New Business Margin grows 90 bps to 18.8%

Assets Under Management

(  in Cr.)

24% growth in AUM led by growth in controlled fund

Operating Expenditure Ratio (Opex/Net Premium)

(%)

Concerted cost optimisation efforts continue to bear results

* Normalised for one-off expenses

Over3.9 million policies in force with sum assured at   3,77,572 Cr.

Maintained Private Market Share
at 9%